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Poverty Reduction Support Credits : An Evaluation of World Bank Support

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  • Independent Evaluation Group

Abstract

The goal of Poverty Reduction Support Credits (PRSCs), introduced in early 2001 under World Bank Interim guidelines, was to help countries implement comprehensive, country-owned development strategies to promote growth, improve social conditions, and reduce poverty. PRSCs were intended to ease conditionality and to make annual flows to recipient countries predictable and integrated with their budgets. To reduce fiduciary risks associated with budget support, PRSCs were intended to strengthen domestic budget processes. They were seen as providing a framework for donor harmonization and were meant to focus on achieving clearly defined results.

Suggested Citation

  • Independent Evaluation Group, 2010. "Poverty Reduction Support Credits : An Evaluation of World Bank Support," World Bank Publications - Books, The World Bank Group, number 2470.
  • Handle: RePEc:wbk:wbpubs:2470
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    References listed on IDEAS

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    1. World Bank, 2008. "World Development Indicators 2008," World Bank Publications - Books, The World Bank Group, number 11855.
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    1. repec:unu:wpaper:wp2012-15 is not listed on IDEAS
    2. Moll, Peter & Geli, Patricia & Saavedra, Pablo, 2015. "Correlates of success in World Bank development policy lending," Policy Research Working Paper Series 7181, The World Bank.
    3. Danielle Resnick, 2012. "Foreign Aid in Africa: Tracing Channels of Influence on Democratic Transitions and Consolidation," WIDER Working Paper Series wp-2012-015, World Institute for Development Economic Research (UNU-WIDER).
    4. Resnick, Danielle, 2012. "Foreign Aid in Africa: Tracing Channels of Influence on Democratic Transitions and Consolidation," WIDER Working Paper Series 015, World Institute for Development Economic Research (UNU-WIDER).
    5. Denizer, Cevdet & Dethier, Jean-Jacques & Gelb, Alan, 2011. "Development Economics and the International Development Association," Policy Research Working Paper Series 5541, The World Bank.

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